Energy grid £28bn upgrade to add £108 to household bills

Business

The energy regulator has confirmed plans for a massive upgrade to the UK's energy grids, adding £108 to customer bills by 2031. Ofgem said on Thursday that the £28bn investment over the next five years would bolster resilience in the transition to a renewable energy future and that much of the bill would be offset by increased efficiency. It pointed to estimated savings for households of around £80 because of the planned investment in gas and power infrastructure, leaving a net additional

Energy grid £28bn upgrade to add £108 to household bills https://news.sky.com - 04.12.2025 09:09

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Energy grid £28bn upgrade to add £108 to household bills https://news.sky.com - 04.12.2025 09:09